25 Céntimos Lloá

Lloá is a tiny municipality in the comarca of Conca de Barberà, Tarragona. Like hundreds of Catalan and Valencian villages during the Civil War, it issued its own emergency fractional currency after the Republic's coin supply collapsed in 1936–37 — hoarding and metal requisitioning had stripped small change from circulation almost entirely. These local emissions, collectively known as Guerra Civil municipal notes, were authorised under a series of regional decrees that effectively deputised town councils as monetary issuers of last resort.

Josep Bassa's press in Mora d'Ebre printed for numerous small municipalities in the region, which is why notes from otherwise unrelated villages often share typefaces and layout conventions.